Company Name: PassiveInvesting com Presenter Name: Dan Handford and Danny Randazzo Asset Class: Real Estate Debt into Single Family Fix and Flip Webinar Title: PIC Real Estate Debt Fund Webinar Description:
In June 2020, we started a private lending business that originates short-term loans (usually 6-9 month durations). The loan is securitized with a first-position lien that we hold. Since inception, we have funded 1,381+ loans equating to $277,066,500+.
Borrower demand continues to be strong which allows us to fund about $8-$12mm in loans per month. We have a dedicated borrower management company, Rehab Wallet, to service and oversee all loan activity.
Your investment is immediately diversified across all portfolio loans to mitigate risk. The fund offers a monthly compounding option and a 90-day liquidity option.
Preferred Return Investment Structure:
$1,000,000+ earns: 10%
$500,000-$999,999 earns: 9%
$100,000-$499,999 earns: 8%
$25,000-$99,999 earns: 6%
Investors receive their preferred return FIRST before we pay our expenses or realize a profit.
For more details about the webinar please go to the Forum post below:
